Canadian miner Bitfarms is temporarily reducing staff to help mitigate the spread of COVID-19 and weather the economic crisis. Publicly-listed Canadian mining and blockchain infrastructure firm Bitfarms is temporarily reducing staff, citing the economic and social toll of the COVID-19 pandemic. In an update published on April 6, the company revealed it had succeeded in […]
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Investors fear that the upcoming Bitcoin halving is in peril after last month’s 50% drop but blockchain data from CryptoQuant shows miners remain strong going into May. Approximately 4-weeks ago global equities markets were in distress as investors finally realized that the coronavirus was not just an illness restricted to China, but rather a global […]
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Baite, formerly one of the top Chinese mining pools, has dropped out of the BTC mining race in favor of altcoins. Although the Bitcoin hashrate has increased 33% in the last 48 hours the mining industry still faces uncertainties. This has left Baite mining pool, one of the top Chinese pools with no choice but […]
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Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had a lacking business model, according to recent research. Most of the blockchain firms that closed in 2019 were cryptocurrency scams or had deficient business models, according to recent research. Research sent to Cointelegraph by Chinese market research firm EqualOcean on March […]
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Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind. Bitcoin (BTC) hashrate has increased 33% in just two days while the price of Bitcoin trails behind. BTC price & hashrate Bitcoin hashrate has exploded from 91,290,582 TH/s on April 4 to 121,029,181 TH/s on April 6. Historically, […]
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Publicly-listed mining firm Argo Blockchain has broken its own records for Bitcoin mining, seemingly escaping the adverse impact of the COVID-19 pandemic. London Stock Exchange-listed mining firm Argo Blockchain has broken its own records for Bitcoin (BTC) mining, seemingly escaping the adverse impact of the COVID-19 pandemic. An operational update published by Argo on April […]
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Blockin, parent company of mining pool Poolin, has launched a new blockchain explorer that will help users select the correct fee for their Bitcoin transactions. Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help […]
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Hash rate recovers 10% since BTC/USD fell to $3,700, once more proving that Bitcoin takes care of itself when it comes to security and stability. Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours. That was the conclusion from analyzing the latest blockchain data, which showed […]
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Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin miner. Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin (BTC) miner. In a report published on April 3, Aqua Security issued a threat alert over […]
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Twelve major mining companies in China launch a transparent info sharing platform to revolutionize the mining industry. The first case of COVID-19 was diagnosed by Chinese doctors in November 2019. Rather than being shared with the global community, news of the viral outbreak was censored by the Chinese government. Since that time, more than 66,500 […]
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